this thing is going to move like a synthetic lawn. as the stock goes lower you are going to feel losses. as it goes higher you will feel gains. you are likely to trade out of this before that. >> you are betting with the fed. the banks issue $1.25 billion over the past week. that is great news for the banks doing these deals. all of the real estate names are boost. the assets on the bank's balance sheets get boosted by this action. that is the trade you are making here. you are trying to run along with that. by doing a risk reversal you are separating yourself a little bit from the boost that happened over the course of the last couple of days. you put the risk reversal on. even if it does go against you it doesn't really. >> we are going into the time of the fiscal cliff. i would think the financials would really feel it greatly because of the huge climb they have had so far. >> that is absolutely possible. and that is one reason that when the market has a run like this i'm generally thought a fan of selling puts. i would do a risk r